02/26/2012
World Bank chief says U.S. should lead some global bodies
The World Bank last week launched the nomination process to select a new president to succeed Zoellick when he steps down in June, inviting names from any of its 187 member countries. The Obama administration has said it would open the process to competit
02/22/2012
VTB Capital's hiring spree signals global intent
VTB Capital continues its global expansion with a series of hires in its Middle East and Africa investment banking business.
02/21/2012
Investec appoints former IMF director Lipschitz
Lipschitz will be based in Cape Town and will work closely with the fixed income and multi-asset teams to help formulate their macroeconomic and thematic views.
02/20/2012
Ahli Bank appoints new CEO
During Murad’s tenure, the bank witnessed remarkable progress and development and achieved excellent financial results.
02/17/2012
Hillary Clinton among contenders for World Bank top job
US Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama administration discussion
02/14/2012
Jobs at risk again at Dubai's Shuaa Capital after latest losses
The bank's losses for the fourth quarter totalled Dh111.8m, a decrease of 40 per cent compared with the same period a year earlier.
02/14/2012
Northern Trust strengthens alternatives group
Northern Trust Alternatives Group also promoted Brad Dorchinecz to Director of Private Equity.
02/13/2012
Israel's Bank Leumi names new CEO
Brodet said, "I am convinced that through her ability and talent, she will lead the bank to major achievements."
02/07/2012
He has been with the group since 1986, was appointed deputy CEO in May 2009 and was also in charge of wholesale banking, according to a press release issued at the time.
02/06/2012
Merrill Lynch Wealth Management hired bankers from HSBC Holdings Plc and Barclays Plc in the Middle East as the unit of Bank of America Corp. boosts its operations in the region.
02/06/2012
BNY Mellon Appoints New Chairman of Middle East & Africa
He also retains his existing role as Head of Developing Markets Client Management.
02/02/2012
Walid Musallam will be succeeded by Can Deldag and Firas Nasir, Rosanna Konarzewski, a spokeswoman for Carlyle in London, said by telephone. Carlyle, which is investing a $500 million fund in the region, declined to elaborate on the reasons for his depar
02/02/2012
KPMG strengthens presence in MESA region
KPMG's MESA region spans across 15 countries where the member firms offer services to a wide variety of clients - across Government, Energy, Financial Services, Family Groups, Real Estate, and Sovereign Wealth Funds.
02/02/2012
Global law firm continues expansion in Dubai with latest hire
Mr. Keighran has extensive experience in all aspects of real estate and large scale projects across the Middle East and North Africa (MENA) region, acting for a variety of government related entities, developers, contractors and investors.
02/02/2012
Plahe's addition follows Chézard Ameer who joined the firm's Dubai office as a corporate partner from Ashurst in October 2010 to head the Gibson Dunn's international funds practice.
02/02/2012
UBS Said to Appoint Mahmoud Abdulhadi as CEO in Saudi Arabia
A spokesman for the bank confirmed the appointment
02/01/2012
He will be reporting to the head of MENA equities Wafic Nsouli
01/30/2012
RBS Appoints Head of Hybrid Capital in London
The Hybrid Capital team is responsible for structuring, originating and executing hybrid capital products for financial institutions (banks and insurance companies), as well as for corporate and public sector issuers. Davidson joins the Financial Institut
01/29/2012
The chief executive of Dubai lender Emirates NBD's investment banking division is leaving the bank, three sources familiar with the matter said.
01/26/2012
Duval, joined Russell in 1994 to set up its office in Paris, replaces Len Brennan who rejoined the firm as global president and CEO in July.